More than 3 months of DD..... the really don't want to "F" this up.
"In this regard, the Company has entered into an exclusivity arrangement regarding a base metals project in North America in order to conduct due diligence."
Specific definitions[edit]
In contrast to noble metals, base metals may be distinguished by oxidizing or corroding relatively easily and reacting variably with diluted hydrochloric acid (HCl) to form hydrogen. Examples include iron, nickel, lead and zinc. Copper is also considered a base metal because it oxidizes relatively easily, although it does not react with HCl.
In mining and economics, the term base metals refers to industrial non-ferrous metals excluding precious metals. These include copper, lead, nickel and zinc.[2]
The U.S. Customs and Border Protection is more inclusive in its definition. It includes, in addition to the four above, iron and steel, aluminium, tin, tungsten, molybdenum, tantalum, cobalt, bismuth, cadmium, titanium, zirconium, antimony, manganese, beryllium, chromium, germanium, vanadium, gallium, hafnium, indium, niobium, rhenium and thallium, and their alloys.[3]
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